1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
EMA + MACD v5 [Solo Long - Indices 4H] enters trades when the fast EMA crosses above the slow EMA while MACD is positive, price is above trend EMAs, and ADX confirms sufficient trend strength. Exits are managed with fixed risk-reward targets based on ATR multiples for stop loss and take profit. The strategy plots moving averages and buy labels directly on the price chart.
Multi-EMA trend filters with Daily 50 EMA macro confirmation
MACD momentum and ADX trend strength entry filters
ATR-based dynamic stop loss and take profit targets
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
EMA Rapida
int
9
emaRapidaLen
EMA Lenta
int
21
emaLentaLen
EMA Tendencia
int
200
emaTendLen
ADX Periodo
int
14
adxLen
ADX Umbral minimo
int
20
adxUmbral
ATR Periodo
int
14
atrLen
ATR Multiplicador SL
float
2.0
atrMult
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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